Credit: On-Air/Adobe Stock
Flooding is the most common and expensive natural disaster in the U.S. and 96.7% of homes don’t have flood insurance, according to a report by ValuePenguin.
In 2024, the average home sustained nearly $34,000 in flood damage, the data showed, with the most significant flood losses related to Hurricanes Helene and Milton in Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee and Virginia.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
